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Startups and Tech

Telangana govt ties up with Korea Mobile Internet Business Assoc for AI, VR and more

Telangana IT minister also invited Korean animation, visual effects, comics and gaming companies to invest in the game tower being built in Hyderabad.

Bengaluru leads office leasing activity in India in 2017: Report

Over 13 million sq.ft. of office space was taken up in Bengaluru, which accounted for over 50% share of absorption during the year.

Patanjali makes grand ecommerce foray, partners with Flipkart, Amazon and others

The company estimates the share of online sales to contribute 15% to total turnover in the future.

YES Bank picks eight startups for second cohort of YES FINTECH Accelerator

These 8 startups will be given funding of up to $1 million via VC partners without any equity commitment to YES FINTECH.

Microsoft develops AI technology that can read documents, answer questions

This could help intelligent assistants interact with people and provide information in more natural ways, much like people communicate with each other.

BlackBerry unveils cybersecurity tool ‘Jarvis’ for autonomous vehicles

Jarvis will help automakers predict and fix vulnerabilities in connected cars.

Samsung to launch online-only smartphone series to take on Xiaomi

This series is likely to focus on the Rs 5,000-Rs 15,000 price segment, which is the most popular and competitive segment.

Facebook to launch home speaker ‘Portal’ to take on Amazon Echo Show

The Portal, which is expected to be announced in May this year at the annual developer conference, will be Facebook’s first foray into hardware.

Razorpay raises $20 million in Series B funding from Tiger Global and others

With this infusion, the total funding that the company has received has gone up to $31.5 million.

Israel-India Technology Group launches trilateral fund of $50 million

On the same occasion, Nasscom signed an agreement with Israel-based accelerator MassChallenge to support a scholarship of $5,000 each for 10 Indian startups.